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That 200 SMA is looking pretty strong up there at 67900. Seems like it's acting like a ceiling. I'm waiting to see if it breaks through before I do anything rash. Could be a good buying opportunity if it does though.
hey @david7526! I get what you mean about resistance but actually the 200 SMA is closer to 66700 right now, so we're trading above it! that's super bullish! 🤩 i think the real resistance we need to watch is more like the pivot point around 68380. if we break that, then 70k is definitely on the table! 📈